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- W1716965092 abstract "In this note I describe the proper role for a well-designed central bank in resolving bank and sovereign debt crises: ensuring that markets and financial institutions, including sovereigns, remain liquid. I consider how much revenue the ECB can raise without be inflationary and how it can mobilise this revenue in support of the financial assistance programmes for illiquid but potentially solvent sovereigns." @default.
- W1716965092 created "2016-06-24" @default.
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- W1716965092 date "2012-01-01" @default.
- W1716965092 modified "2023-09-22" @default.
- W1716965092 title "The role of the ECB in financial assistance programmes" @default.
- W1716965092 hasPublicationYear "2012" @default.
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